Erica Ma - Mortgage Broker

Erica Ma || October 28, 2022

The Bank of Canada says its rate-hike phase is almost over

The Bank of Canada confirmed that additional interest rate increases are necessary, but that we’re now nearing the end of the current rate-hike cycle. Bank of Canada Governor Tiff Macklem made...

Erica Ma || October 14, 2022

Rising interest rates cancelling out affordability gains

Falling home prices are typically welcomed by prospective homebuyers, since it means an improvement in affordability. For today’s first-time buyers, however, that’s not necessarily the...

Erica Ma || September 19, 2022

Is co-ownership right for you?

With interest rates rising, along with the overall cost of living, more people are turning to creative options to achieve homeownership. Co-ownership with family or friends—once a very niche...

Erica Ma || September 15, 2022

The Bank of Canada’s rate hikes may not be done yet

In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...